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Filing year 2024

PIPE FITTERS LOCAL 120 INSURANCE FUND

Cleveland, Ohio·EIN 34-0747441·501(c)(9)
Total revenue
$22.6M
Total assets
$34.4M
Total expenses
$20.6M
Reported officers
7
Mission

THE ORGANIZATION IS A DEFINED BENEFIT HEALTH AND WELFARE PLAN COVERING INDIVIDUALS REPRESENTED BY PIPE FITTERS LOCAL UNION NO. 120 LOCATED PRIMARILY IN NORTHEASTERN OHIO. (CONTINUED ON SCHEDULE O)THE PLAN PROVIDES HEALTH BENEFITS (MEDICAL, HOSPITAL, SURGICAL, VISION AND DENTAL) TO THOSE WHO QUALIFY AND THEIR COVERED DEPENDENTS. THE PLAN ALSO PROVIDES LIFE INSURANCE COVERAGE, SHORT-TERM DISABILITY BENEFITS AND DEATH BENEFITS TO THOSE WHO QUALIFY.

Executive compensation

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Fund Mgr & Fin Secy-treas
Officer (Unspecified)
$98k
$105k
Trustee-union
Board Member
75th to 90th percentile
$94k
$101k
Trustee-union
Board Member
75th to 90th percentile
$94k
$101k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 4 unpaid individuals.

Up 3%
from 2023

From $95k in 2023 to $98k in 2024.

$95k
2023
$98k
2024
In today's dollarsEst.
Roughly flat in real terms$105k to $105k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Member pay rose 3% from 2023 to 2024, while revenue rose 13%.

$91k in 2023 to $94k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

PIPE FITTERS LOCAL 120 INSURANCE FUND reported revenue and expenses across 2 filing years.

RevenueExpenses
$20M
$19.1M
2023
$22.6M
$20.6M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about PIPE FITTERS LOCAL 120 INSURANCE FUND

What does the Board Member of PIPE FITTERS LOCAL 120 INSURANCE FUND earn?

In 2024, the Board Member of PIPE FITTERS LOCAL 120 INSURANCE FUND received $94,319 in total compensation. This pay is in the top quarter for Board Member roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at PIPE FITTERS LOCAL 120 INSURANCE FUND compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Board Member at PIPE FITTERS LOCAL 120 INSURANCE FUND falls between the 75th and 90th percentiles.

What are PIPE FITTERS LOCAL 120 INSURANCE FUND's revenue and expenses?

In 2024, PIPE FITTERS LOCAL 120 INSURANCE FUND reported $22.6M in total revenue and $20.6M in total expenses on its IRS Form 990.

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